ProcurePort

NOVEMBER 22, 2023

In the dynamic landscape of business and procurement, acronyms like RFP, RFQ, and RFI are commonplace. These terms, standing for Request for Proposal, Request for Quotation, and Request for Information, respectively, play pivotal roles in the procurement process. If you find yourself navigating these waters for the first time or looking to deepen your understanding, […] The post Understanding RFP, RFQ, and RFI: A Comprehensive Guide appeared first on ProcurePort Blog.

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Procurement 130

Supply Chain Brain

NOVEMBER 22, 2023

Demonstrators from Mighty Earth and Youth Climate Strike LA dressed in red “Squid Game” suits and staged a “die-in” at the LA Auto Show November 18.

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Supply chain Supply 107

Supply Chain Dive

NOVEMBER 22, 2023

The retailer plans to have more than 40 stations, described as mini post offices, in its stores by the end of 2023.

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SCMR (Supply Chain Management Review)

NOVEMBER 22, 2023

Professor Kevin Shang of Duke University’s Fuqua School of Business has developed a machine-learning solution to allow grocers to stock optimal amounts of perishable food in their supply chains.

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Supply Chain Optimization Supply chain Supply 88

Advertiser: GEP

Procurement and supply chain leaders are presented with their fair share of challenges, with a host of tools and strategies to resolve them. That said, what’s the best path forward to leverage this year’s trends? In this recap of a recent GEP-WBR webinar, 7 Leadership Themes for Procurement & Supply Chain Leaders in 2024, GEP’s Pramod Sethumadhavan explores seven vital leadership trends that will help guide procurement and supply chain decision-makers.

Supply chain

Supply Chain Dive

NOVEMBER 22, 2023

As the CPG company recovers from significant operational disruptions, analysts warned rebuilding inventory and distribution could be a lengthy process.

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Inventory 89

Supply Chain Brain

NOVEMBER 22, 2023

The White House is closely monitoring the situation, and law enforcement is on the scene and investigating, an administration official said.

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Supply Chain Brain

NOVEMBER 22, 2023

As part of Zhao’s guilty plea, he agreed to pay a $50 million fine and announced he would be stepping away from his role as the company’s CEO.

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Supply Chain Dive

NOVEMBER 22, 2023

Along with informational challenges, buyers said that they have difficulty finding sustainable suppliers, according to a recent survey released by Amazon.

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Data Buyers Sustainability Procurement 72

Supply Chain Brain

NOVEMBER 22, 2023

Nestlé ended up with the highest score on Permutable AI’s list while JBS registered the lowest ranking on the list with a score of -151.

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CPO Rising

NOVEMBER 22, 2023

Welcome to Procurement News, part of our ongoing aggregate news series covering recent supply management headlines and trends pertinent to Chief Procurement Officers and other procurement leaders. Contact us with your news story here.

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Chief Procurement Officer Procurement Supply management Management 52

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.

Sustainability

Supply Chain Brain

NOVEMBER 22, 2023

Between October 1, 2023 and November 11, 2023, the average number of recorded theft reports increased to 66 reports per week.

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IBM Supply Chain Blog

NOVEMBER 22, 2023

Enterprise resource planning (ERP) solutions offer organizations a one-stop-shop for managing daily operations. The business management software has gained popularity in the business world as organizations try to keep up with the changing landscape. As with most business solutions, there are advantages and disadvantages of ERP systems to consider. It’s important to understand how enterprise resource planning can work for an organization and its capabilities at a granular level.

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supply chain software solutions Supply Chain Efficiency Real-time Visibility Supply Chain Optimization 65

Supply Chain Brain

NOVEMBER 22, 2023

Rainbow Bridge, which bans commercial traffic and mainly serves tourists, remains closed indefinitely.

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IBM Supply Chain Blog

NOVEMBER 22, 2023

Cloud optimization is essential as organizations look to accelerate business outcomes and unlock the value of their data. At its core, cloud optimization is the process of correctly selecting and assigning the right resources to a workload or application. But cloud optimization is also a lifecycle process that balances performance, compliance and cost to achieve efficiency.

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Strategy Innovation Management Data 75

Advertiser: GEP

Generative AI goes beyond just automating tasks and providing real-time answers. Did you know that implementing generative AI reduces sourcing cycle times and allows for faster decision-making across procurement operations? In this whitepaper — Next-Gen Procurement: Transforming Processes With the Power of Generative AI — experts reveal how the strategic application of generative AI within procurement processes is paving the way for groundbreaking improvements.

Procurement

Supply Chain Brain

NOVEMBER 22, 2023

400 Macy’s employees working in the state of Washington are planning strike actions Black Friday after 96% of workers voted in favor of striking back in October 2023.

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